UAE RATES as of 18 Jul 2026
UAE Base Rate 3.65% — 1M EIBOR 3.76% — 3M EIBOR 3.83% — 6M EIBOR 3.81% — 12M EIBOR 4.13% — Emirates NBD from 3.99% First Abu Dhabi Bank from 3.89% ADCB from 4.15% Mashreq from 4.25% HSBC from 3.94% Dubai Islamic Bank from 4.10% Abu Dhabi Islamic Bank from 4.20% RAKBANK from 4.15% Standard Chartered from 3.98% Emirates Islamic from 4.05% Sharjah Islamic Bank from 4.18% Ajman Bank from 4.23% Invest Bank from 4.28% United Arab Bank from 4.25% Arab Bank from 4.21% Commercial Bank of Dubai from 4.03% National Bank of Fujairah from 4.18%
UAE Base Rate 3.65% — 1M EIBOR 3.76% — 3M EIBOR 3.83% — 6M EIBOR 3.81% — 12M EIBOR 4.13% — Emirates NBD from 3.99% First Abu Dhabi Bank from 3.89% ADCB from 4.15% Mashreq from 4.25% HSBC from 3.94% Dubai Islamic Bank from 4.10% Abu Dhabi Islamic Bank from 4.20% RAKBANK from 4.15% Standard Chartered from 3.98% Emirates Islamic from 4.05% Sharjah Islamic Bank from 4.18% Ajman Bank from 4.23% Invest Bank from 4.28% United Arab Bank from 4.25% Arab Bank from 4.21% Commercial Bank of Dubai from 4.03% National Bank of Fujairah from 4.18%
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Islamic home finance

Dubai Islamic Bank (DIB) Mortgage in the UAE — Rates, Eligibility & How to Apply

Dubai Islamic Bank is the UAE's largest Islamic bank and one of the most established providers of Sharia-compliant home finance in the region, making it a first-choice destination for buyers who require an ethical, interest-free mortgage alternative. YOUAE Mortgages arranges DIB home finance alongside every other UAE lender, so you can be confident you are getting the right structure — not just the first one offered.

DIB mortgage products & features

All DIB home finance products are structured in accordance with Islamic finance principles, supervised by a dedicated Sharia Supervisory Board. No interest (riba) is charged; instead, DIB earns a profit through asset-based financing arrangements:

  • Ijara (diminishing Musharaka) — the most common structure for UAE property purchase. DIB and the customer co-own the property; the customer makes monthly payments that combine a rental component (to DIB for use of its share) and a purchase component (progressively buying out DIB's share). Ownership transfers fully to the customer at the end of the term.
  • Murabaha home finance — DIB purchases the property and sells it to the customer at a disclosed, agreed-upon profit margin, with the total repaid in instalments. This structure is commonly used for off-plan or straightforward resale transactions.
  • Salary-transfer products — DIB offers enhanced profit rate pricing for customers who transfer their salary to a DIB account.
  • Non-resident Sharia-compliant finance — DIB can accommodate expatriate buyers without UAE residency, subject to eligibility conditions.
  • Buy-to-let finance — investors seeking rental income from UAE property can access Sharia-compliant investment finance through DIB.

DIB's wide branch network across the UAE, established developer relationships, and deep experience in off-plan Islamic financing make it a strong option for first-time buyers and seasoned investors alike.

DIB mortgage rates

DIB home finance profit rates start from 4.10% (indicative, subject to change). Rather than an interest rate in the conventional sense, DIB's pricing reflects the agreed profit margin built into the Ijara or Murabaha contract. Variable profit rates are typically benchmarked to EIBOR plus a fixed margin, meaning your monthly payments can move in line with market conditions.

Fixed profit rate periods (typically one to three years) are available, providing payment certainty during the initial term before the arrangement rolls to a variable rate. The profit rate you receive will depend on your loan-to-value ratio, income, employment type, chosen product, and prevailing EIBOR at the time of application. YOUAE will obtain a personalised profit rate illustration and compare it across the full market before recommending a lender.

Eligibility

DIB Sharia-compliant home finance is open to UAE residents and, subject to specific conditions, non-resident buyers. Standard UAE market eligibility benchmarks apply:

  • Minimum monthly salary: approximately AED 15,000 for salaried employees; some DIB products may set a higher threshold.
  • Employment: salaried applicants with a confirmed employment letter are typically processed most efficiently. Self-employed applicants should provide at least two years of audited accounts and consistent bank statements.
  • Residency: UAE residents can finance up to 80% of the property value (first property, under UAE Central Bank rules); non-residents are generally capped at 50% LTV.
  • Age: the finance term must typically conclude before the customer reaches 65 (salaried) or 70 (self-employed).
  • Documents: valid passport, UAE residency visa, Emirates ID (residents), salary certificate or business financials, three to six months of bank statements, and property details or SPA (off-plan).

YOUAE's advisers will review your profile in full before selecting the right lender and product.

Fees & costs

As with all UAE property purchases, buyers should budget for upfront transaction costs of approximately 7% of the purchase price, payable in cash:

  • DLD transfer fee: 4% of the property value.
  • Estate agency commission: typically 2%.
  • Mortgage registration fee: 0.25% of the finance amount (payable to DLD).
  • Property valuation fee: approximately AED 2,500–3,500.
  • Bank arrangement fee: varies by product; sometimes partially waived for salary-transfer customers.

These costs are in addition to your deposit and must be available in cleared funds before completion.

Why compare DIB through a broker

DIB is a powerful lender with strong developer ties and a respected Sharia board — but it is one option in a market that includes multiple Islamic banks and hybrid conventional lenders. YOUAE Mortgages compares DIB's Ijara and Murabaha products against offerings from ADIB, Mashreq Al Islami, and others, ensuring you receive the most competitive Sharia-compliant structure available on your transaction date.

Our advisers understand Islamic finance structures in detail and can explain the practical differences between Ijara and Murabaha to help you choose confidently. We also manage self-employed, high-LTV, and developer-specific applications that can be more complex to place directly.

How to apply with YOUAE

  1. Free consultation — tell us about your property plans and financial profile; we assess whether conventional or Islamic finance better suits your needs.
  2. Sharia-compliant AIP — we approach DIB and other suitable Islamic finance providers for an Agreement in Principle, usually within 3–5 working days.
  3. Full application — once your offer is accepted, we coordinate the full submission, valuation, and Sharia compliance review.
  4. Completion — we liaise with your legal adviser and the developer or seller to ensure a smooth, compliant transfer.

FAQs

Is DIB home finance truly interest-free?

Yes. DIB's Ijara and Murabaha structures do not involve interest (riba). Instead, DIB earns a profit through asset ownership and a pre-agreed sale margin — both permissible under Sharia. The Sharia Supervisory Board independently certifies all products.

Can non-Muslims use DIB Islamic home finance?

Absolutely. DIB's Sharia-compliant products are available to buyers of all faiths. Many non-Muslim expatriates choose Islamic finance structures for their ethical transparency and predictable payment arrangements.

What is the difference between Ijara and Murabaha at DIB?

Under Ijara (diminishing Musharaka), you and DIB co-own the property and you gradually buy out the bank's share while paying rent on its portion. Under Murabaha, DIB buys the property and sells it to you at a disclosed profit mark-up, repaid in instalments. Your YOUAE adviser will recommend the most suitable structure for your specific transaction.

Ready to explore Sharia-compliant home finance in the UAE? Book a free pre-approval consultation with YOUAE today — we compare DIB against every Islamic and conventional lender in the market at no cost to you.